ATI secures renewal of Manila South Harbour concession

Asian Terminals has secured a 25-year renewal of its concession to operate and develop Manila South Harbour.

The renewed agreement, signed with the Philippine Ports Authority, will run from May 2038 to May 2063, giving long-term certainty for the continued development and modernisation of one of the country’s key international trade gateways.

Over those four decades ATI has invested more than PHP 42 billion in developing and modernising its Philippine port facilities.

Its operations have moved approximately 30 million TEUs of containers, 57 million metric tonnes of non-containerised cargo and 70 million passengers.

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